Tag Archives: acquisition

ICRA assigns highest credit rating (A1+) to Tata Motors Finance

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Indian rating agency ICRA assigned highest credit quality rating (A1+) to Tata Motors Finance Ltd’s Rs 2,000 crore short term debt.

Earlier in this January ICRA had placed the company’s long-term and short-term ratings on negative watch.

Since Tata emerged as the preferred Jaguar and Land Rover acquisitions bidder, business and financial risk profile of the company is at high stake.

Mascon Global to acquire – Jass & Associates and SDG Corporation

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IT services provider Mascon Global announced that its Board of Directors approved the acquisition of two US-based companies – Jass & Associates Inc. and SDG Corporation.

Aquisitation will be of worth $ 55 million (about Rs 222 crore).

  • Jass & Associates Inc provides business software services
  • SDG Corp provides identity management services.